Skip to main content

About your Search

20121224
20130101
STATION
MSNBCW 16
CSPAN 8
FBC 7
CNBC 6
CNNW 6
KTVU (FOX) 2
KRON (MyNetworkTV) 1
WBAL (NBC) 1
WBFF (FOX) 1
WTTG 1
LANGUAGE
English 55
Search Results 0 to 49 of about 55 (some duplicates have been removed)
: that is the suspicion that's shared by a lot of republicans taking it, steve, as almost an article of faith of three weeks, a month, that the president actually wants to go over the cliff and i'm not sure if that's true. i have no way of knowing if that's true. i kind of doubt it. if you look at it, the republicans lose a lot of leverage. they have painted themselves in to this corner. there's no denying that fact. john boehner obviously we know what happened last week. sifting through the wreckage of the plan "b." gone back to plan "a," a bill passed by the congress and extending tax cuts for everyone and sent to the senate. they don't expect the senate to take that. use that as a legislative vehicle and what's today? saturday. new year's eve is -- sorry. today's friday. too much holiday cheer. but come on. i mean -- >> he will be working the weekend. >> reporter: i am. oh my god. i don't want to get started on that. but anyway, you know, there's a lot at stake here. and, you know, it is late for this kind of thing to go on. and really, steve, i know you have been on board for this last several day
-- highway 24 through la fayette, no delays. here's steve. >>> mostly clear, cold this morning. a little breeze for some. most temperatures are in the 30s. there are some upper 20s. we have a system coming in. it's splitting. i think the pattern -- this is a sign of things to come here for a while after what's been a very, very busy november and disease. i think things quiet down in january. part of this system will go north. part it is will south. 28 in santa rosa. 47 in livermore. this may be a very localized event. this is at the livermore airport. out by the lab, it's 33. they are getting a little northeast wind off the altamont pass. that's the only thing i can think of because not far away, it's 15 degrees chillier. upper 30s for some lowser to the -- to the bay. 6 -- for some lower to the bay. 6 below in tahoe. man. that's cold. see a little bit of shower activity trying to form off the north coast. i think this is falling apart. this low is heading towards southern california and i think therein lies the trend. the pattern looks quiet for the for the next 10, 15 days. you usually
people. time magazine's rana joins us and steve kornacki. it seems to me if you listen to newt gingrich, who has become a commentator every time he's not running for something, you get the sense that you don't want to run against hillary clinton because she's grabbed the scepter. she's quite hawkish on issues like iraq and the middle east generally. i think she's very hawkish xa d compared to most democrats. where is the wiggle room to go against her? >> i completely agree. i think she's done an incredibly great job. she's been incredibly deft at are he positioning the u.s. in a mul multipolar world where we have relatively less economic power. she's managed through digital state craft, through smafert uses of technology to project a soft power and it's been a great credit to our country and i think it's going to be a real tough thing to put in a bad light. >> you know, and, steve, i don't know about your politics on this, i think i'm a little to her left on a lot of thers foreign policy issues like iraq and the middle east. she's positioned herself just where you want to be, a notch o
. steve hayes, senior writer with the "weekly standard" and fox news contributor. jeffrey cleveland senior economist. and doug cote, chief market strategist with ing investment management. i will start with you, sir, doing, sure looks like investors believe we'll get a deal. what do you think? >> i don't think it matters. really what i'm focused on i know what the budget control act of 2011 is. let's call it what it is. it is a loss. why will there be tinkering in the last few days? as a strategist i will not be able to discount what they're doing. i think they just make it worse. i know what i'm getting. they're balanced on increasing taxes. i don't like increasing taxes. i like pro-growth economics but we need to cut spending. right now the law does it. i think go over the cliff. we know exactly what is going on. i'm concerned about a lot more things around the globe, particularly corporate earnings than i am the fiscal cliff. adam: all right. jeffrey cleveland, you're an economist, which is worse, raising taxes doing austerity all at once? what you do i this? >> i think the biggest prob
. with me today, ben stein. steve cornaki is joining us, as well. president obama returned to washington moments ago, cutting short his christmas vacation. the president has now spoken with all four congressional leaders, according to the white house communications director he. the house remains on vacation, but there are a few signs of life in the capital. gop leaders have released a new statement with an old message to the senate. the ball is in your court. the statement says the house will take action on whatever the senate can pass, but the senate first must act. well, this morning, senate majority leader reid slammed the house republicans not not even showing up. >> if we go over the cliff, and it looks like that's where we are headed, the house of representatives as we speak with four days left after today before the first of the year aren't here with the speaker having told them they will give them 48 hours inside. i can't imagine their conscious. >> well, senator reid is expected to hold a news conference about the talks this afternoon. so here is where we stand. reid wants to ge
agrees that that action is necessary. gregg: steve hayes, is the senior writer for "the weekly standard" and a fox news contributor. steve, great to see you. the deal being bandied about right now to raise taxes on higher earners actually doesn't appear to do anything to fix the problem, that is, all the new revenue from higher taxes would be used for more spending. as we understand about 850 billion in new revenue would be spent on eliminating the fiscal cliff automatic spending cuts and extending unemployment checks. is it true not a dial would go to cutting the real problem, the debt and deficit? >> yeah. in one scenario that is absolutely the case. we shouldn't actually be surprised. it has been clear at least for a short amount of time that this hasn't been the goal of these discussions. i mean for all the talk about deficit reduction and despite the fact that this began as an effort to rein in spending after the 2010 elections, it is clear democrats in the house and senate, i would argue the president, haven't been serious about long-term spending cuts. gregg: maybe they're not se
's baby and the fiscal cliff countdown thing, it's about to get serious. >>> i'm steve kornacki. fiscal cliff tops the list of banished words. sloped does not agree on the list. i fully agree. >> >>> i'm crystal ball. never again after today. who am i kidding? cliff, cliff, cliff! i can't stop myself. >>> the latest on kim kardashian, kanye and the baby ahead but the other story in the headlines today. america staring down the fiscal cliff. t-minus nine hours and counting and washington is wasting no time. senate minority leader mcconnell saying both sides are close to a deal. it's about time. >> my preference would have been to solve all these problems in the context of a larger agreement, a bigger deal, a grand bargain. whatever you want to call it. that solves our deficit problems in a balanced and responsible way. with this congress, that was obviously a little bit too much to hope for at this time. it may be we can do it in stages. >> there are a number of issues on which the two sides are still apart but negotiations are continuing as i speak. but we really are running out of time
, reaction from one of the more outspoken members of congress, steve israel of new york. you're watching msnbc, the place for politics. >> we are running out of time. americans are still threatened with a tax hike in just a few hours. i hope we can keep in mind, and i know we will, our single most important goal is to protect middle class families. >> by all means let's complete a deal today so we can go home. let's raise taxes. let's stick it to those rich people-let's not touch spending. >> two people are gathered in a private room trying to negotiate something that has enormous consequences for this country and for our economy. we are where we are because this process was greasily mismanaged up until this point. [ male announcer ] what are happy kids made of? bikes and balloons, wholesome noodles on spoons. a kite, a breeze, a dunk of grilled cheese. catches and throws, and spaghettio's. that's what happy kids are made of. campbell's. it's amazing what soup can do. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upp
is an update from an old friend and pair of ours, author of "beyond outrage" and steve moore, i guess robert reich attacks things, but why is it your democratic friends never want to cut spending and never want to shrink the government? why is that? >> i think a lot of documents are willing to cut spending that maybe you would agree with, larry. the problem with this bill, the biggest problem is it doesn't deal with the debt ceiling. we are going to have trench warfare and this is not going to end. >> the debt ceiling which is a scary thing. the republican's last shot at leverage, but markets get real nervous as i do when you start messing around with the us credit worthy news. and during the negotiations the democrats had no interesting spending. let me say one thing about this deal. if you look at the specifics of the deal, you know, it is not such a terrible thing, it is probably the best that republicans could get. but i want to make this point loud and clear. this is raising taxes on investment and businesses. i don't see anything good about it for the markets. we finally have resolutio
.s. hospital with flu-like symptoms. just arriving back at his family's home in florida. that is where steve harrigan is live in palmetto bay, florida. steve, what a christmas gift for this family. >> reporter: jamie, it was rashable to see here, four or five minutes ago, jon hammar and his father drove up into the garage. hammar senior came out and spoke to the media for a few minutes afterwards. he said this is the greatest christmas he ever had. he looked visibly exhausted. jon hammar was released after several hours of with more paperwork after five months in the mexican prison. father and son drove back with the goal to get here by christmas day. they had to stop off at a hospital in the louisiana. john, jr., dehydrated with stomach flu. they're not sure about his condition. he can barely stand you. he walked inside with his mother and father. his father seems like an excited man right now, jamie. jamie: the mexican government, even with pressure from us to keep him for four months chained with handcuffs to a bed, it has been such an ordeal all along the way for this family. they had a
are retired now? caller: yes. host: steve in phoenix, kind of business do you have? caller: i have a trucking company. we move products locally in the state of arizona. the fiscalw how cliff is going to affect me personally. since we cannot produce things, any company that is affected negatively, that will affect us negatively. withn't really do anything any government entities. directly speaking, i don't think it will really affect our customers, because they don't really do the kind of stuff that works with the government. they do the kind of stuff with businesses, manufacturers. the stuff that we carry does not have much to do with defense. a certain group of people say that we need to have cuts. then when the cuts there them in the face, they say not those cuts. that's the real problem. e their owns to gordon ac ox. host: scott is looking to start a business. in "politico" is this article this morning -- in "usa today" -- doc in baton rouge, louisiana, good morning it. caller: i have my own insurance agency. host: talk to us about the fiscal cliff. caller: i am kind of concerned about it.
're shaking your head, steve, so you get it first. people think, 12 years of intense pressure on you. 4 years of running, 8 years of serving, into your late 70s. does anybody want to inflict that on their lives at the end of their life basically? your thoughts? >> i think there's a compelling case she doesn't run. 1992 they came to the national stage, and they have been on the national stage since then. for 15 of those 20 years all the way through 2007 she was -- she and her husband were the top targets of the right in this country. she called it the vast right wing conspiracy. there was something to that. it's not that they absolutely will beat her in 2016, i think she could beat them, but it's an issue of do you want to endure that kind of day-to-day attack politics, vicious politics, for another four years, for another eight years, or do you want to say i have proven enough in public life and i want to do something else? >> i don't know. i think she showed no signs of her energy lagging as secretary of state, and that's a pretty tough job, too. i'm not saying it's as vicious as running for
from congressman steve israel, democrat from new york. stick around for that. >>> the other big developing story we're following, secretary of state hillary clinton in a new york city hospital this morning being treated for a blood clot. her spokesperson says the clot was discovered during a routine followup exam yesterday in the wake of the concussion she suffered several weeks ago following a fall. now, nbc news chief science and health correspondent robert bazell is live from new york there in front of the presbyterian hospital. bob, what do we know about secretary clinton's condition and how she is being treated right now? >> richard, we know precious little. we had the one statement yesterday evening from secretary clinton's staff that said she suffered a concussion that was related -- excuse me -- suffered a blood clot related to this concussion. usually when somebody has a blood clot related to a concussion it is in the brain and would not be treated with anticlotting drugs. she is being treated with anticlotting drugs. so maybe she has a blood clot someplace else. we don
that steve jobs would never intentionally do. they are doing all right with selling, but they have to sustain the sales next year. it will be increasingly difficult. apple is throwing out products fairly rapidly. number tim cook came out compact. his training is much like hp and dell. he was never a steve jobs clone. unfortunately, apple was designed to run under steve jobs. david: steve jobs is gone, tim cook is in. does apple ever recover the historic price levels that we saw for their stock just a few months ago? >> it seems, i mean, if you change enough of a company that has been trading very well that has been doing excellent, making almost no mistakes, it is difficult, the odds are against it. it is always possible, but the odds are against it. the apple today is not the apple that was trading at those highs. david: they are telling me i have to cut short. no po, flop or success? will this phone help them? >> i love the 920. android is looking weak. apple is looking a little bit weaker. those two companies will try to come back next year. the 920 is sold very well. it will be a race to
equipment. bringing on new employees and expanding our business. adam: steve hayes, let me ask you and pick up where kim was just speaking the national federation of independent businesses estimate 75% of small business, which we know is the powerhouse, the dynamo of job creation in this country, 75% count their taxes the way that it is called the pass-through or the flow-through. essentially they're the people who get caught by the income tax increase. so this deal that the republicans have agreed to, have they sold out small business or is this the best they can get to protect small business? >> well, look, the deal is going to be a bad deal no matter what happens. it was always going to be a bad deal no matter what happens because the circumstances that led to the creation of the super-committee and failure and sequester. all this was going to be bad from the beginning but i think the idea of raising taxes right now, i'm not in favor of raising taxes anytime, raising taxes now when the economy is failing to sort of get off the ground is a terrible idea. of course it is going to hurt smal
clinton's glad clot. medical experts say the severe a steve the problem depends on the location of the clot. most risky are the rain. she is being treated by anti-could he ago ooh atlantas and will remain at new york's presbyterian hospital until tuesday to monitor her medication. this is not the first time that mrs. clinton had been treated for a blood clot she had one in the back of her right leg in 1988, she described it as the most serious medical condition she ever experienced. after a stomach virus she fainted and hit her head. it is possible the newly discovered clot had form before she was diagnosed with a discussion. it also could have resulted from bed rest. >> the blood clot i'm assuming is similar to the one she had in 1988 which was in the back of her leg. she did have a concussion recently, which probably made her a little immobile at home, which is a bit of a risk factor for developing clots in veins in legs, especially in people who are at risk for them h-frpblgts since suffering the concussion secretary clinton has not made any public appearance and canceled ove
: let's bring in the author of how rich people think. steve, the rich voted not in overwhelming numbers but they certainly gave many of their votes to president obama in the last election. now, the rich people in america are going to have to pay higher tax rates. you know the rich. you know all about them. you're with them all the time. you write about them. how do they feel about this? >> well, i think the bottom line is, stuart, that the rich that voted for obama voted for obama based on his social policies not his fiscal policies. i don't think they are any happen per about the fiscal policies than anyone else, except maybe the very very wealthy, you know, maybe the michael bloombergs and the warren buffetts. stuart: i think there's a distinction here between wealth, accumulated money which you sit on and which is not taxed, and income, tax flow, which is taxed. i think there's a distinction between the two. when i say the rich, i guess i'm primarily referring to wealthy people who have accumulated wealth and they are sitting on it. they don't care if other people pay higher tax rate
. we still have to pass a budget and a debt ceiling. ashley: that is right. steve moore, senior economics writer with the "wall street journal." steve, thank you very much. shibani: so far the markets are having a tough time deciding what will happen over the next few hours. ashley: traders worried? we will ask a chief market strategist. we will have his opinion coming up next. ♪ [ male announcer ] how can power consumption in china, impa wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. shibani: breaking news, live pictures from the white house as we wait for president obama to speak in about 15 minutes from now as lawmakers struggle to hammer out a deal on the fiscal cliff. peter
republicans may believe, as steve said that raising taxes on people over 250 is a mistake, president obama ran very clearly on doing exactly that, won 51% of the vote, 332 electoral college votes, we are probably going to get there the question how much crockery do we break along the way? >> ron that's fine. let's be fair here. we have been negotiating this six weeks, since the election. the president, when i talk to my republican sources say, look, the president hasn't put anything serious on the table still on spending cuts, ron. i think that's, you're right urkts bo, both sides have to give a little bit here, i haven't seen much give on the democrats' side of the aisle here. >> the inability to comp prom my keith stone to democrat circumstance todd, why don't you weigh in on this. what is your feelings with what has to be dealt with by not just this congress but 1913th congress, numerology could worry you a little bit. >> stephen hit the nail on the head, talk about the spending cuts, that actually is not even in existence right now you right now you the top line issue has been about tax re
for -- and david knock murrah, white house reporter for the washington post. great to have you here. steve, i want to start with you because you just heard senator lieberman say that he thinks it's more likely that we're all going to be going over this cliff than not. is that the sense that you have been getting from lawmakers as well? >> absolutely. first of all, i just checked about 20 minutes ago. there are no talks going on today. the senate comes back on the 27th. there's a lot of stock being put many the fact that maybe mitch mcconnell and harry reid can cut a deal, but mitch mcconnell, though by his nature, is a dealmaker, feels a lot of these same kind of tea party pressures at home that a lot of members of the house feel. he has a potential primary challenge of 2014. the tea party is very strong in kentucky. that's ran paul country. he is very mindful of that. i don't think he is in a position right now to cut any kind of deal that would invite a problem for himself at home. >> all right. when we hear senator john barosso saying he thinks the president is eager to go over the cliff becaus
senior economics report steve leisman join us with their predictions here. david, start with you. what are you looking at? especially bear in mind we're going to be still feeling the effects of the fiscal cliff and technically we're going over it tonight. does this affect your thoughts of investing in 2013? >> absolutely it does, bill. and it has the last two months. we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing strong leadership in the first ten months of the year. what we've reason seen is now foreign markets picking up the slack. so i would say when we look into 2013, the opportunities most likely exist outside the united states, not in the u.s. >> outside of the united states is a large geographic area. can you narrow it down for us? like asia, europe, emerging frontier, what is it? >> of course, mandy. and that's part of the asset selection you have to do. for us one of the best areas we've seen has been in emerging market debt. it started out many years ago with the bricks and recently we've moved in the last five or six
-- that steve look at that steve we will be right back. steam >>> thanks for tuning in to our second hour of kron 4 news weekend.this sunday, december 30th. i'm j-r stone. joe? >> good morning, j.r. janu.... >> :we will see the temperatures with possible shower activity. with 30's hugging the coast. >>> some of the stories we're morning.dozens are displaced following an apartment fire in san francisco's mission district. and.a candlelight vigil is held for a man killed when fire on him earlier this week. we'll get to those stories new this morning.three people are dead.including a child, after an apartment complex in san jose goes up in flames overnight. kron four's mike pelton is live from san jose where investigators remain on the scene.he brings us the latest. good morning mike. >> they remain on the 3000 blocked as the red cross is also here helping people displaced. 60 people are without a home. let me show you video 1/2 dozens residents bought gold and blankets. authorities responded just after a 11 last night finding people trapped inside. if a man, and a woman, and a child have st
how you doing? my name is steve. my family's lived in this neighborhood for years. recently, things got so tight we had to go to our local food bank for help. i lost a lot of sleep worrying about what the neighbors might think. that is, until i saw them there, too. how'd i do, steve? a little stiff. you could have done a little better. what? come on. you know, i have an academy award. yeah, but not for playing me. announcer: play a role in ending hunger. visit feedingamerica.org/hunger and find your local food bank. adam: i'm adam shapiro in for melissa francis. here's what's "money" tonight. president obama and congressional leaders try to pull off a fiscal cliff hail mary. their last-ditch meeting at the white house desperately tries to land a deal but the report he hadly not putting any new offer on the table. we have the very latest for you. >>> not even the fiscal cliff can slow down the u.s. oil boom the production surge sets up huge windfalls for businesses outside the oil industry in 2013. who stand to reap the biggest gains? we'll drill down details so you can get in on thi
representative congressman steve latourette. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? >>> washington finally seems ready to ring in the new year with a deal that averts the fiscal cliff. it only has taken 517 days to reach this point. what a waste of time. from the cnn money newsroom in new york, i'm ali velshi. this is your money. with only hours to go, president obama says a deal between democrats and republicans is, quote, within reach as america ticks closer to the fiscal cliff at midnight. >> they are close, but they're not there yet. and one thing we can count on with respect to this congress is that if there is even one second left before you have to do what you're supposed to do, they will use that last second. >> duown to the wire. if you thought the fiscal cliff snuck up on congress, the
again at least. steve has the latest from capitol hill. >> sources are capitol hill say president obama in today's talks feels he has the advantage back and that he will press on his original demand that income taxes rise on earnings over $250,000. it's a positive sign, the first meeting since mid november the four congressional leaders at the white house. called by president obama, house speaker john boehner is a key figure. >> the fact that he has come back to me says that they cannot come up with some kind of agreement. -- that they can come up with an agreement. >> both sides want to avoid middle-class tax cuts. the hang up is the tax hikes on the rich. those making over $250,000 in the obama reposal or $400,000, a level that mitch mcconnell reportedly said he might be able to sel? republicans won the debate shifted. >> the talk about taxes, but what it should be about is what we want to talk about today -- the medicare fiscal cliff. >> no date to cut a day to reform entitlements by tuesday. >> if we do something right now to have long-lasting, adverse effects on economic growth, th
countries, particularly in china. >> steve, it also comes at a time when there's been a lot of congressional scrutiny for companies that go around the rules that the u.s. has. what is -- is this behavior illegal? and in what sense is it contra convenienting those laws and do you expect them to come under more precious in the u.s.? >> after i started writing about ze back in march and april, the u.s. commerce department immediately launched an investigation and later the justice department launched an investigation after a -- after it came out that zte allegedly attempted to cover it up and considered destroying the documents i had. whether that happened to huawei remains to be seen. the house intelligence committee issued a report which is highly critical of both of these companies including huawei for failing to be open about its iran business and provide any evidence that they were, in fact, obeying u.s. sanctions. and i don't believe that those investigators had access to the documents i've seen concerning huawei. i can't imagine that this isn't going to cause some problems for huawei goi
steve king with how president obama's mother managed to convince us all that her son was born in hawaii, not in kenya. >> i looked into that before he was sworn into the presidency. we found the microfiche of only two newspapers in hawaii, each of them had published the birth of barack obama. it would have been awfully hard to fraudulently file the birth notice of barack obama being born in hawaii. >> by telegram. i guess she neglected to consider the mother, naming her son barack husein obama might be a setback. any way, up next, these people are looney. from the 4 47% video to president obama's debate disaster in november, you're watching "hardball" the place for politics. argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to
margie omero, and chip saltzmann. i want to talk about with what steve la tourette had to say today being interviewed on cnn. >> this isn't a one party or a one house problem. this is leaders of both parties and all branches of the government not willing to make the deal they know they have to make. everybody wants to play the blame game. this is about to put us over the edge. >> perry, i want to start with you. if perception is reality and the blame is going to matter to somebody, which side is it really going to matter to? ivities the blame is on both sides. what's driven this whole process is republicans are very opposed to -- just the republicans who will vote for any tax increase. we learned last week from the plan b vote. once we go over the cliff, republicans are ready for a tax cut, not an increase. right now that's what the big challenge is. >> chip, is that the biggest strategy here, get to the third and pass the third, the new congress comes in, boehner danger doesn't exist anymore, his speakership stays in place and grover norquist gives a thumbs up to up? >> i don't think tha
. congressman steny hoyer, tom cole, steve israel all next. first a look at some people behind the scenes at msnbc. i hope you all have a very happy new year. >> happy holidays from "the daily rundown!" >> happy holidays. >> and have a very happy new year. >> happy holidays. >> happy holidays. >> happy new year from "andrea mitchell reports." >> merry christmas. >> merry christmas from "the cycle!" >> happy holidays from the "alex witt" team. >> happy holidays from "up with chris hayes." >> happy holidays! >> merry christmas. happy holidays. >> happy holidays from msnbc. >> happy holidays. >> merry christmas. happy holidays. >> happy holidays from the p.a.s. >> from all of us at msnbc, merry christmas and happy holidays. >> merry christmas. happy holidays. >> merry christmas. happy holidays, everybody. >> hello, team. what a wonderful 2012. i'm looking forward to a fantastic 2013. happy new year. >>> happy new year. the question today. are you ready to go cliff diving? breaking news tops our agenda this hour. can congress avoid turning into a pumpkin at midnight? we're watching capitol hi
sustain the one-two punch is anybody's question. patti ann: joining us now is steve moore from the "wall street journal." hopefully he can give us some answers. good morning, steve. what is the most immediate impact in we go over the cliff? >> we are talking about january 2nd taxing rising on over a hundred million americans. this is a big sock to the wallet of americans of every income group. let's just talk about the middle class for a minute. for those earning about 45 to 75,000 a year they are looking at paying somewhere in the neighborhood of $2,500 a year more in taxes. it's not just the warn buffets and bill gates that will be hit by tax increases. the other part of the cliff that we don't talk that much about is the automatic spending cuts would take effect starting on january 2nd, an 8% reduction in major spending categories, national defense, many of what we call the domestic discretionary programs would also be hit. this is a big fiscal wallop to the economy and a lot of economists believe it could cause a double-dip recession. patti ann: on the other hand we are hearing from
the process for everybody. >> steve -- >> so he is in a powerful position because it's better for him and everyone if the senate has a unanimous consent as to what should happen. kick it over to the house. >> reed and mcconnell was interviewed side-by-side, it was a rare interview last month. i want to play you about what he said in that interview. and we will get your reaction on the other side. take a listen. >> what was the feeling in that room for you? >> it was very chilly, they did not look at each other once during the course of the interview. >> i thought it would be interesting to see if there was any common ground and we found none. >> we with found none. that doesn't sound like the two men get along very well. >> i don't know that mitch mcconnell has a lot of democratic friend that's pals around with, to be honest with you. so that is not terribly surprising to me. he is is not known as being that type of member of congress. but there are views on levels like harry and mcconnell has been able to come together before. it's not a mcconnell, reed, it's about the house republic
policy community, is that he's now getting shot at from the left and the right. >> like steve perry's voice never leaves journey, andrea mitche mitchell's presence never leaves. under fire before nominations are even announced. joining me now, politico's jake sherman. you heard from the great woman herself, andrea mitchell, they can't keep putting out trial balloons. what's the white house doing right now on hagel and can they save him? >> i think the problem for him is he has no constituency. >> georgetown professor, yeah. >> i'm not sure what his path is through the senate, and is this a fight the president wants to have in the beginning of 2013 when he has the fiscal cliff, government funding, debt ceiling, taxes, all these issues out there where he's going to have to fight tooth and nail, does he want to fight on chuck hagel and that's something to be seen. >> i want to turn our attention to the fiscal cliff, because you have some interesting reporting coming out right now. gop leaders had a phone call today. >> they are talking on a conference call, which is how they usually co
, $300,000 for couples. that is a concession for the president. and our colleague steve leisman has been also doing reporting on this. he just spoke to me by phone as i was preparing to go on with a source familiar with the talks who noted a wind energy tax credit is preserved as the president eluded to in his remarks. also depreciation for businesses with spending money on new equipment. all of those things arement wills of the tax deal, but until they get the sequester, the budget elements worked out, the deal's not going to be finished. >> now, the deduction phaseout. this is relatively new. any idea at this point which deductions we're talking about and any timetable for them? >> i have to confess, bill, i don't know how exactly that works. these are provisions that were first initiated in the 1990s as a way of getting more revenue from people at the top without raising their rates. so what you do is you take the same deductions that other people can take and you limit their value over a certain income level. this is in addition to something the president's proposed of making the tax
products coming from apple after the death of steve jobs. >> chris: and kirsten? >> the economy will continue to turn around and not a boon but will slow, slowing the first half of the year and pick up and housing will be a key part of that. >> chris: do you think congress and these continued perils of pauline cliffs, is that going to hurt the economy? >> it will not help it. it will grow in spite of it. but, it will be much more helpful, more certain and the stock market isn't constantly fluctuating, over what congress is going to do. >> chris: finally, an area where we have strong opinions, if not much knowledge, sports. bill? >> i -- >> you could still revise this. i know what you will say. >> i'm looking forward to the game tonight, are you going? >> chris: you are a bigger redskins fan -- >> i'm rooting for them and i being the pessimist i am, i expect them to dash my hopes, and, lose to the cowboys, tonight, and, after the fantastic run they've had, they'll fall short of the playoff. >> chris: dangerous, because, usually, predictions you have like 6 months, everybody forge
. he still makes more than the late steve jobs, he had a $1 salary every year over his stock options. it is easy to say he is being punished for the stock price decline in apple but i think it was set up before, the precipitous decline. tracy: should heat man up and take $1? lori: i think a company like apple with its huge cash turn and the money it makes probably one of the toughest ceo jobs, probably earns it. tracy: plenty of apple products. lori: we should really judge, that is what the board is for, all of these -- tracy: very diplomatic of view. new applications for jobless claims fall to a five year low. is this a sign of real progress or a technicality tied to the holidays? economist and senior fellow kevin hasset at that. lori: major trading partners around world. it is stronger, people flocking to the dollar, flocking to u.s. treasurys, running out and raising for the exodus, u.s. equities market, it is the fight for equality under way. we're back after this. tracy: three trading days left in 2012. all eyes on the fiscal cliff, sandra smith looking at our commodities are re
, steve. i would like to thank the secretary for his kind comments and i think it's important to note in addition to our united states senators, we are joined by the entire colorado delegation. our members of congress, diana degette, jared polis, cory gardner and congressman perlmutter. i had the great privilege to be with our former senator in the shadow of the rocky mountains where this tree once stood and we now have the high privilege of standing in the shadow of the capitol of the united states of america to be able to celebrate this season. when we went to carve that tree, we were joined there by members of the ute tribes. they are inherent to our area. the people of the ute tribes, they have a word that things are good -- to make sure that all is good. native american culture, it's about wind, about the sky, the land, and water. and from that, growth and life comes. this tree, which will represent the spirit of the state of colorado and indeed our nation speaks also to the importance as the secretary noted of forest health. in the state of colorado, we have many challenges this
believe it is a lot higher. the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i do not think they should get tax breaks. if you want to give these corporate giant tax breaks given to those who want to invest in the country and create jobs. for a lower than the american businessmen. guest: i understand your frustration. part of it is the corporate tax .ode clearly needs to fix it a lot talk about fixing a and a revenue neutral way. it does not help lowering future deficits any easier. there are some things need to change. in general we need to realize that if we set our country on the bike path making the right investments in -- the right path making investments in education and making sure we do not have the necessary programs that can help us do that growth,
morning, america and steve. this is a great time to be an american. i think we are all looking forward to the new year. i am a loyal but nervous. -- i am a little bit nervous. mitch mcconnell is the key. he can take the president over into the presidency and a came a great man. we need to make sure we let mr. mcconnell know that history is there. i know he has a lot of issues. everyone bacchant e-mail, text -- everyone can e-mail and text and let mr. mcconnell n know. the tea party is off the rail. this will make this country take off. i hope mr. mcconnell sees this. everyone out there, the game has been played. host: thank you for the call. harry is joining us from pittsburgh. caller: this whole thing is ridiculous. i started paying social security and 14. i have quite a bit of money in there. i have made my own way. record, the past money they are asking for, that is mostly white people making that money. they should call it what it is. that is still whitey's money. i wish i was as smart as it then people. a lot of people have called then and have not worked hard. everybody wants the
, the first year without steve jobs. they still invent things we didn't know we needed that we would buy faster than anything that's been sold in personal technology than ever before. number nine, the u.s. stock market. despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. the smart money's been in the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users pummeled the stock which has yet to climb its way back to its ipo price. >> number seven, mother meyer, the new ceo of yahoo!. 37 years old. looks like a mother's touch is just exactly what yahoo! needed. >> number six, mother nature. an intense drought in the midwest that scorched the soy and corn crop sending prices sky high. who could forget superstorm sandy. neighborhoods swept away,
is on the independent line from colorado. caller: good morning, steve. i listened to it the myopic dogma in this segment over and over. the only people i can blame on this are the american people. the people who sit here and listen to these guys that are extremists and and they vote him into office -- them into office. i hear people say let's get rid of epa. if you look at how much epa takes out of our budget, that's like worrying about nothing gary people need to turn off the tv and start studying more. crack some books. look at economic spirit trickle- down economics does not work. name a country where it has worked? maybe estonia. but it's not working incr greece. i heard a great saying that says when time gets tough, everyone is a keynesian. turn off the tv. not c-span of course. but turn off the news channels that are just cramming this stuff, and get involved in this before you formulate an opinion. i think we would be voted into office smarter, better people that are not tea party extremists. how about if on the democratic side grover norquist had said never cut any spending? i'm going to sign a
christine romans and ali velshi. >> number ten, apple, the first year without steve jobs and the company is trying to prove under a new ceo that it can still invent things we didn't even know we would wee needed that we would buy faster than anything's been sold in personal technology before. >>> number nine, the u.s. stock market. despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money's been on the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook, but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users pummeled the stock, which has yet to climb its way back to its ipo price. >> number seven, mother meyer. the new ceo of yahoo! who announced she was just going to take a two-week maternity leave as she tried to turn this company around. 37 years old, it looks like a mother's touc
to tax our imports in our country. the whole thing with steve jobs, he created the apple computer in his garage in california. if steve jobs was born in china, he would not even have a garage. we do not do enough for the people of this country or the people in a position to create jobs. data reinvest and i do not think that they should get tax breaks. creating jobs here, not overseas. host: joshua gordon? guest: i think a part of your frustration, many talk about fixing it in a mutual way. which had nothing to the deficit discussion and does not help to make lowering the deficits any easier. there are some things we need to change. in general we need to realize that if we set the country on the right path and make the right investments in technology and education, making sure we do not cut the necessary programs to do the growth, you have to make that a priority. we will be able to grow with the global economy. manufacturing has already come back to some degree. i know that apple is moving a couple of production facilities back to the united states from china. the real key is making sure
less than they otherwise should be or would be. >> and we talked to "the wall street journal's" steve moore a little while ago and i asked him about the psychological effect if we go off the fiscal cliff. i want you to hear what he said. >> i talk to small businessmen and women all the time. they say, we're not hiring now. we're canceling a lot of our plans to make new expenditures, which you need to do if you want a vibrant economy. and we're really seeing the impact in the stock market the last couple of weeks. so this is not a good way to run a railroad. and the economy is already taking a hit because of all this turmoil in washington. >> you agree with that, that we've already seen the impact of not having a deal to avoid this cliff? >> i don't think we've seen all of the impact. undoubtedly, stephen moore is correct that the stock market is reacting, particularly over the last couple of days. but most people, most institutions, most companies, most consumers assume that there will be some sort of a deal or if there's not a deal, at least by monday, then there will be a deal withi
the truth from the man. host: steve from arizona. caller: my hero is my congressman, ron barber. as your viewers might know, ron was shot in an act of political violence a couple of years ago. he went on to run and provided our district a meaningful choice for republicans to make away from extremism. host: how did you first know of mr. barber? caller: he first came to my attention during the coverage of the shooting of gabrielle giffords. host: was that instance and the aftermath that set him up as a political hero, in your mind? caller: going through that process of being shot and then coming back and having to run two very difficult campaigns with some much money pouring in against him in a vitriolic circumstance. host: what are about his positions that stand for you and you are drawn to? caller: i am a liberal democrat and i agree with all his positions including those on gun control. it is not his positions that making a hero. he was willing to go through two more extremely difficult campaigns. we have a deeply divided district. he is -- host: apologies to him. gene from topeka, kans
quiet at the moment, steve. it's one of those things where you feel like something big is going to happen but as you walk through the corridors here, it seems pretty quiet at the moment. >> well, we have all sorts of conflicting reports out there about what the broad framework would be if there's going to be a deal. i guess the big stumble bling block is number one, what is the fresh hold be for the tax income? $250,000 which obama originally proposed? $400,000 which he supposedly offered in a revised offer a week ago? and then, of course, the status of the sequester. we have $1.2 trillion in cuts over ten years, half from defense and half from nondefense discretionary spending. is there any indication if there's a deal today what they're talking about in terms of those two issues? >> we're reading tea leaves but we can say that on saturday there were the most senior-level staffers who were doing the nitty-gritty negotiations. we're told paper was exchanged back and forth meaning proposals being outlined and going back and forth with details. we're told the sticking points we'll
. steve jobs had been cast out, he comes back in, reinvents the company. it's one of the greatest business success stories in the history of modern society if not longer. >> at one point, apple stock approached $700, right? now the stock is, what, near $600? >> yeah, likely because of capital gains. >> who can afford to buy the stock? >> studies have shown, mike, if you buy one share -- you have $500 to invest, you buy one share of a $500 company, you might not think you can make as much as buying ten shares of a $50 company, many studies show you can make just as much because it's $50 for a reason. >> buy one share. i'm not advising. >> where is the libor scandal story? a dozen banks. >> thanks a lot, by the way. >> apparently, my hatred of the uk helped. i didn't want to say libor. >> i know it's boring. >> because the antinm, bore. and i promised barnicle that i wasn't going to say fiscal cliff. i promised not to say it. i found other stories. and libor, i hear you. >> i love that story. terrible word. >> that's what we talk about, libor. in the real world, no. >> big deal. banks are do
, apple. the first year without steve jobs and a company that's trying to prove under a new ceo that it can still invent things that we didn't even know we needed that we would buy, faster than anything's ever been sold in personal technology before. number nine, the u.s. stock market. despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. the smart money's been in the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook, but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users pummeled the stock, which has yet to climb its way back to its ipo price. >> number seven, mother meyer. the new ceo of yahoo! who announced that she was just going to take a two-week maternity leave, as she was going to try to turn this company around. 37 years old, it looks like a mother's touch is exactly what
Search Results 0 to 49 of about 55 (some duplicates have been removed)

Terms of Use (31 Dec 2014)